Impact SA

Small Business Development

Winner of financial App of the Year on quest to empower 1 million entrepreneurs

iKhokha accelerates entrepreneurship by providing simplified payment solutions for SMEs. iKhokha, a locally developed all-in-one suite of intuitive business tools that empowers small businesses to compete in the digital economy, has won the 2023 MTN Business Finance App of the Year Award, adding to their 2016 win of MTN Enterprise App of the Year Award. …

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Samsung South Africa launches new Equity Equivalent Investment Programme initiatives

Samsung South Africa has announced its EEIP (Equity Equivalent Investment Programme) plans, aimed at empowering previously disadvantaged South Africans, with a focus on women and youth in the ICT sector. The programme initiatives are set to strengthen black economic empowerment through enterprise development, thus boosting economic growth and job creation. The programmes are formulated to …

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Animation and gaming startup, Sea Monster Makes a Huge USD1m Splash

Animation and Gaming Company Sea Monster partners with Edge Growth and FirstRand’s Vumela Fund to unlock digital solutions Animation, gaming and AR/VR company Sea Monster today announced the conclusion of a USD1m investment from FirstRand’s Vumela Fund, managed by leading SME Venture Fund Manager Edge Growth, which will change the way corporates tackle training and …

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Pioneers of sustainable enterprise and supplier development – An Anglo American Zimele case study

Anthony Mpati is the founder and CEO of 115 Solutions, an engineering consulting company that, from its humble beginnings in 2011, has expanded to include 40 full-time employees and an enviable client list. “Starting your own business is tough,” says Mpati, “but at some point you need to grab the bull by the horns and …

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Black Business Council starts facilitating activities for small business development programme

On 18 April 2020, the Department of Small Business Development announced, in a media statement, guidelines for participation in spaza shops and general dealers Covid-19 support scheme. At the time they said: “The Department has finalised an agreement with Nedbank to support spaza shops and general dealers on the back of the Credit Guarantee Scheme …

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